Motorists in the UAE receive the much-needed relief as fuel prices for July drop considerably. The Ministry of Energy announced the new fuel prices on Tuesday, June 27, 2017 and fuel prices have been reduced for a second consecutive month this year. A massive decrease in the fuel prices for all types of fuel is truly a delight for motorists in the UAE, especially after the Eid al-Fitr celebrations and ahead of the implementation of new federal traffic rules.
Also read: June Fuel Prices Announced in the UAE
New Fuel Prices in the UAE
Fuel prices have decreased for the second consecutive month in 2017 and collectively for the third time in the year. The decrease in fuel prices is significant because fuel prices of July will be at their lowest in the year 2017. Adding to the happiness of motorists across the country, the Ministry of Energy announced the decrease in fuel prices for both petrol and diesel, which will help motorists in managing their fuel expenses in a better way. This is an excellent initiative taken by the Government that focuses on the well-being of the motorists.
Here are the new fuel prices in the UAE:
- The price of Super 98 has dropped from AED 1.96/Litre to AED 1.86/Litre.
- The price of Special 95 has decreased from AED 1.85/Litre in June to AED 1.75/Litre in July.
- The price of E-Plus 91 has come down from AED 1.78/Litre in June to AED 1.68/Litre in July.
- The price of Diesel has also received a substantial drop. In June, the price of diesel was AED 1.90/Litre, which has dropped to AED 1.84/Litre in July.
Impact of the Decreased Fuel Prices on the UAE Motorists
Motorists in the UAE were waiting for a substantial drop in the fuel prices for almost over a year now. Fuel prices have fluctuated considerably since the start of the year 2016, making it extremely difficult for motorists to manage their fuel expenses. A sizeable decrease in the fuel prices for second consecutive month is therefore a breath of fresh air and will have a positive influence on the motorists.
Also read: New Traffic Rule Amendments in Dubai – Everything You Need to Know
Perfectly Timed Substantial Drop in Fuel Prices
Fuel prices have substantially dropped at a crucial time when the implementation of newly amended federal traffic rules is just around the corner. The new federal traffic rules will be implemented from 1st of July, 2017 and with the implementation of the new traffic rules, the traffic authorities aim to improve the road safety in the UAE. The traffic problems have decreased in the UAE in 2017 as compared to 2016, but the UAE authorities are determined to improve it further by focusing on importance of observing road safety principles.
Though motorists have been informed about the changes made to the traffic rules through multiple awareness campaigns organized by the traffic authorities, but the change in the existing rules will still be challenging for motorists. The possible lack of understanding of the new rules can put motorists in trouble and they can face serious penalties for some new violations which have been introduced for the first time in the newly amended traffic rules.
While motorists who have participated in the awareness campaigns will find it easier to follow the new traffic rules, those who have not made a sufficient effort to be aware can face problems. In such a scenario where motorists will be striving to get accustomed to the new traffic rules, the sizeable decrease in fuel prices will provide a much-needed relief against the financial strains induced by increasing fuel prices. In the past, motorists would disregard traffic laws and use the hard shoulder in a traffic jam to simply save time and fuel. The timing of the substantial decrease in fuel prices marks great significance as motorists can now find themselves in a better shape to keep their focus on complying with the newly amended traffic rules.
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